From Risk.net: Academics and industry participants in Malaysia are advocating further developments of treasury and money market products, notably via a new exchange initiative. But commodity murabaha structures developed to facilitate liquidity management by banks based on palm oil have attracted criticism from some quarters.
The world’s Muslim population is projected by the International Journal of Environmental Science and Development to account for a quarter of the world’s estimated 7.8 billion people by 2020...........................................Full Article: Source